FAISAL ZIA

• Led Financial Management of over 5 billion Saudi Riyal Project: Oversaw financial accounting and reporting for construction projects, ensuring accurate tracking of costs, revenues, and cash flows across multiple phases and stakeholders.
• Proposed and Designed Integration Solution: Identified the need for enhanced communication between three disparate systems (Oracle R12, Pro-core, and Primavera) and recommended an integration solution aligned with organizational goals and operational needs.
• Led Successful Implementation of E-Invoicing Solution: Managed end-to-end implementation of an E-invoicing system, Phases 1 & 2, and its coordination with Oracle R12 for error-free invoicing in compliance with ZATCA regulations
• Successfully created a real-time financial dashboard that reduced time spent on monthly financial reporting by 50%, increasing overall team productivity and accuracy.
• Financial Audits & Compliance: Directed audit process and ensured compliance with GAAP and IFRS, achieving successful audit results with no material findings, ensuring financial integrity and compliance across business.
• Successfully recommended POS consumer data system improvements that enhanced data entry efficiency, reduced discrepancies, and validated consumer analytic reports
• Vendor & Contract Negotiations: Negotiated favorable payment terms with suppliers and vendors, reducing outstanding payable and improving cash flow. This led to a 15% reduction in supplier costs and enhanced vendor relationships.
• Developed and implemented more detailed audit reports for third-party warehouse operations to identify and mitigate potential financial risks such as fraud and stock mismanagement, mitigating exposure to loss by 40%
• Winner of GRO competition (Growth, Recognition, Opportunity) 2019, business industry knowledge
• Best Employee of the Year Award 2015 (Gulf Taleed Commercial Services

• Leading finance team across group of companies, spearheading financial and accounting operations for construction projects worth over 5 billion Saudi Riyals
• Mentoring accounting staff, promoting professional development, and fostering cross-functional collaboration to enhance team performance.
• Manage external audits, tax planning, and statutory filings in coordination with external auditors and legal advisors
• Oversee end-to-end General Ledger (GL) management, ensuring timely and accurate monthly, quarterly, and annual closings in compliance with IFRS/GAAP
• Implement robust financial controls and lead enhancements in Oracle systems to improve accuracy of financial reporting, project cost tracking, and decision-making
• Conduct advanced financial analysis modelling, profitability assessments, and scenario planning to support strategic decision-making and forecasting
• Collaborate with billing engineers to ensure accurate project billing data management and conduct in-depth analysis to develop precise cash flow and receivable forecasts
• Oversee daily operations of Accounts Receivable and Accounts Payable (AR/AP) functions across multiple group entities, driving process improvements and workflow optimization
• Proficient in monitoring and interpreting government regulations related to VAT and E-invoicing, ensuring organizational compliance through regular team training and policy updates
• Oversee identification, documentation, and reporting of related party transactions in compliance with IFRS and regulatory standards, ensuring transparency and audit readiness

Consulting and Advisory services for

• Fundraising and Investment strategies,, Financial Analysis & Reporting
• Cost Management & Margin Improvement, Project and Client Management
• Market Research & Economic Trends Analysis

Operational Finance Function:

• Performed vendor/bank reconciliations, consumer data analytics
• Prepared and analyzed financial and non-financial reports
• Reviewed and approved purchase orders in ERP system to ensure compliance with financial matrix and budget
• Maintained prepayment/accruals and fixed asset registers
• Performed internal audit assignments on trade & marketing operations for risk assessment and provided recommendations
• AP/AR team supervision for month-end closing and reports
• Database Management for vendors, employees, and banks
• Business Contracts Analysis and Compliance over contractual terms. Authorization and approval of wire transfers

Lead Business Audit/Project Management (Retail & Trade):

• Ensured compliance with tactical retail /trade activities to mitigate risk.
• Analytical and methodical project reporting on consumer data and financial costs
• Designed financial feasibility plans for consumer events and post-event study of targeted variances, and analyzed consumer response and its impact on business development
• Audited contractual agreements for rentals and their cash outflow with key accounts and clustered sales points.
• Identified key POS to enhance market share for existing and future products by managing more than 500 marketers

Interpretation of financial information.Cash flow management.Future trends analyzing change for investment.Managing the company's financial accounting and reporting

Book Keeping to Finalization of Accounts